Nokia's Accelerating AI Revenue Will Boost Earnings and Valuation

Dow Jones

Jul 24

1028 GMT - Nokia's AI-related revenue could double in 2027, accounting for over 20% of total revenue mix, which would accelerate earnings growth and bring valuation closer to AI-focused networking peers, Bank of America Securities analysts write. Nokia earnings and third-quarter guidance were slightly soft, but AI order intake of 2.8 billion euros significantly beat expectations. Market concerns over a lack of full-year guidance upgrade are misplaced, as most of this quarter's order intake will be delivered in 2027 and partly in 2028, BofA adds. "Nokia's AI order run rate has now effectively doubled from about 1 billion euros/quarter to about 2 billion euros/quarter." BofA raises its price objective to 16 euros from 15.60 euros and reiterates its buy rating. Shares fall 2.2% to 8.51 euros. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

July 24, 2026 06:29 ET (10:29 GMT)

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Nokia earnings and third-quarter guidance were slightly soft, but AI order intake of 2.8 billion euros significantly beat expectations. Market concerns over a lack of full-year guidance upgrade are misplaced, as most of this quarter's order intake will be delivered in 2027 and partly in 2028, BofA adds. \"Nokia's AI order run rate has now effectively doubled from about 1 billion euros/quarter to about 2 billion euros/quarter.\" BofA raises its price objective to 16 euros from 15.60 euros and reiterates its buy rating. Shares fall 2.2% to 8.51 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 24, 2026 06:29 ET (10:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nokia's Accelerating AI Revenue Will Boost Earnings and Valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNokia's Accelerating AI Revenue Will Boost Earnings and Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-24 18:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1028 GMT - Nokia's AI-related revenue could double in 2027, accounting for over 20% of total revenue mix, which would accelerate earnings growth and bring valuation closer to AI-focused networking peers, Bank of America Securities analysts write. Nokia earnings and third-quarter guidance were slightly soft, but AI order intake of 2.8 billion euros significantly beat expectations. Market concerns over a lack of full-year guidance upgrade are misplaced, as most of this quarter's order intake will be delivered in 2027 and partly in 2028, BofA adds. \"Nokia's AI order run rate has now effectively doubled from about 1 billion euros/quarter to about 2 billion euros/quarter.\" BofA raises its price objective to 16 euros from 15.60 euros and reiterates its buy rating. Shares fall 2.2% to 8.51 euros. (dominic.chopping@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 24, 2026 06:29 ET (10:29 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARTY","symbol_name":"ISHARES FUTURE AI & TECH ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653085090","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653085090","pubTimestamp":1784888940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1028 GMT - Nokia's AI-related revenue could double in 2027, accounting for over 20% of total revenue mix, which would accelerate earnings growth and bring valuation closer to AI-focused networking peers, Bank of America Securities analysts write. Nokia earnings and third-quarter guidance were slightly soft, but AI order intake of 2.8 billion euros significantly beat expectations. Market concerns over a lack of full-year guidance upgrade are misplaced, as most of this quarter's order intake will be delivered in 2027 and partly in 2028, BofA adds. \"Nokia's AI order run rate has now effectively doubled from about 1 billion euros/quarter to about 2 billion euros/quarter.\" BofA raises its price objective to 16 euros from 15.60 euros and reiterates its buy rating. Shares fall 2.2% to 8.51 euros.  Dow Jones NewswiresJuly 24, 2026 06:29 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"ARTY":"ISHARES FUTURE AI & TECH ETF","VTHR":"Vanguard Russell 3000 ETF","NOK":"诺基亚","AGIX":"通用人工智能 ETF-AGIX","QTOC":"Innovator Growth Accelerated Plus ETF - October","AIPO":"Defiance AI and Power Infrastructure ETF","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF"},"translate_title":"诺基亚人工智能收入的加速增长将提振盈利和估值","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/8c3738a6936e81c7ddf0e5b389a14b8d","symbols_score_info":{"AGIX":1.5,"ARTY":1.5,"NOK":1.5,"AIPO":1.5,"CHAT":1.5,"QTOC":1.5,"VTHR":1.5},"content_text":"1028 GMT - Nokia's AI-related revenue could double in 2027, accounting for over 20% of total revenue mix, which would accelerate earnings growth and bring valuation closer to AI-focused networking peers, Bank of America Securities analysts write. Nokia earnings and third-quarter guidance were slightly soft, but AI order intake of 2.8 billion euros significantly beat expectations. Market concerns over a lack of full-year guidance upgrade are misplaced, as most of this quarter's order intake will be delivered in 2027 and partly in 2028, BofA adds. \"Nokia's AI order run rate has now effectively doubled from about 1 billion euros/quarter to about 2 billion euros/quarter.\" BofA raises its price objective to 16 euros from 15.60 euros and reiterates its buy rating. Shares fall 2.2% to 8.51 euros. (dominic.chopping@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 24, 2026 06:29 ET (10:29 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}